Tag: Regulation
South Korean Finance Minister Confirms no Crypto Ban
It has been the cause of much consternation in the cryptocurrency markets over the past week. News that South Korea may be banning cryptocurrency exchanges have driven the price of all cryptocoins to monthly lows. However, it seems as if...
S. Korea Threatens Ban on Exchanges, Asset Prices Tank in Response
In many instances, trends that occur in Asian nations like Japan and South Korea have been harbingers for what is to come in the West. For better, or worse. The rapid adoption and near feverish demand for cryptocurrency in South...
Australian Tax Taskforce Will Monitor Crypto Traders
The taxman Down Under is not taking any chances when it comes to the collection of cryptocurrency gains. It has been reported that the authorities are now interested in establishing a taskforce which will monitor the trading of cryptocurrencies. This...
China to Shutdown Bitcoin Mining – Rumours Seem True
There have been persistent rumours about whether China would ban Bitcoin mining. These started to swirl after the crackdown in the middle of last year on Bitcoin trading and ICOs in the country. Now it seems that the rumours may...
Trial Underway in Singapore for Bitcoin Trade Error
There is a really interesting trial underway in Singapore at the moment. It centres around 3,092 Bitcoin and a really expensive trading error. The case in question was currently being heard by Judge Simon Thorley of the Singapore International Commercial...
EU Bitcoin user Database: Big Brother is Watching
One of the main reasons that users favour Bitcoin is because they have complete freedom using it and can keep safely under the radar. This is something that has not gone unnoticed by the powers that be. According to an...
French Finance Minister Wants Bitcoin Legislation Discussed At G20 Summit
G20 – an organization of twenty countries that represent almost all of the worlds trade volume, may be taking time out of their busy schedule to discuss bitcoin and other cryptocurrencies and how they can be legislated. The charge is...
Customers Complain as Major Exchange Bittrex Appears Unresponsive
Behind Coinbase, Bittrex is the second most popular cryptocurrency exchange in the United States. As such, Bittrex helps bear the brunt of the load for the incredible onboarding of American customers that have entered the crypto space over the past...
Nigerian Central Bank Warns of Cryptocurrency “Risks”. Ironic?
In a country that is synonymous with internet and mail scams, it is quite surprising to see that the Nigerian Deposit Insurance Corporation (NDIC) has warned its citizens about the danger of trading cryptocurrencies. Indeed it is also quite ironic...
S.1241 Bill Bad News For U.S. Crypto Users? Inside The Controversial Legislation
Have you ever heard of the U.S. Senate’s Combating Money Laundering, Terrorist Financing, and Counterfeiting Act of 2017? Don’t fault yourself if you haven’t; not many have. But some crypto users are sounding the alarm over the bill right now,...